yea seems like the futures is hungry for coin....
a few hours ago....
After the hugely anticipated launch, the launch was enjoying a strong debut. Bitcoin futures expiring in January were priced at $17,780 as of 4.57am GMT, up from an opening level of $15,000. About 2,300 contracts changed hands.
The contracts climbed more than 20 percent and triggered two trading halts designed to cool volatility. Dealers said initial volumes exceeded expectations, while traffic on Cboe’s website was so strong that it caused delays and outages
anyways, now for BCH
BCH futures are on the way i hear, they need it to be...
$1370 for a coin thats on the way to the futures next.....
Futures don't seem to be moving the market as expected. People sold the news 3 days too early.
The futures are still on their early stages. Many big brokers will be onboarding their clients slowly over the next months. The giants like JP or Goldman are too slow to see any effect of their actions immediately. Many smaller brokers will probably try to win a bigger market share before all the whales.
I don't think Goldman and JPM are quite as big as they think they are when it comes to moving BTC prices. We're talking about a global market which includes huge pumpers in South Korea and Japan. Also the CBOE futures markets are rigged with circuit breakers at like 8% fluctuation. That's nothing in Bitcoin land. They should've been triggered multiple times since trading opened yesterday.
Did anyone else notice Andreas is a regulator for CBOE trading? I guess he took the payout - sad. Then again, he already appeared to sell out when he refused to take a stand against Kore censorship and he pumped the Segwit dead meme.
Also does anyone have a link to CBOE BTC futures charts?
yea your right about other big players...
ive noticed, china pump dump then ban in hope to get all coins back cheap many times...
now south korea have made alot of profit from pumps recently and today i heard their gov is now considering banning exchanges( they prob dumped like china and want cheap coins back)
so the big players try to regain position only to see the coins keep going up...last resort...we banning crypto lol
im sure jp morgan tried that tactic a few month back, when jamie dimon called btc a scam, while he was buying lol
soon usa will do the same, once they dump, and take profits...try to ban crypto(fud as usual)
i gave up on andreas around the time the dao hack happened...
on a live stream , he and others dicuss eth/dao hack...he is asked if he still holds eth...he says..."no, i dumped them all, i dont like my coins being volatile,going down 20% a day" (or something similar lol) i was like wtf is he talking about....why is he trolling....then i just stopped listening to him....now i hear he is a blockstream guy, so makes sense now lol
